American Society of Heating Refrigerating & A-C Engineers

Analysis

American Society of Heating Refrigerating & A-C Engineers is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Society of Heating Refrigerating & A-C Engineers reported income of $77k and spending of $64k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $31k to $77k (+147%), an average of +147% a year. The sharpest change came in the year to June 2023, when income rose by 147%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Heating Refrigerating & A-C Engineers sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Pansy and Pearl Charities ($77k), Hillsborough Fire Museum Foundation ($77k) and Silver Serenaders of Texas Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 26% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.